Five Below (FIVE) Gross Margin (2011 - 2026)
Five Below (FIVE) reported Gross Margin of 48.55% for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 15.21 percentage points from 33.34% a year earlier and up 11.32 percentage points from the prior quarter.
Five Below (FIVE) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Aug 1, 2026, Five Below's Gross Margin came in at 40.26%, up 5.20 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 35.99%, up 1.10 percentage points from FY2025.
- Gross Margin has a five-year change of +2.75 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 34.89% in FY2025 (-0.89 pp), 35.79% in FY2024 (+0.18 pp), 35.61% in FY2023 (-0.57 pp) and 36.18% in FY2022 (+2.93 pp).
- The fiscal Q2 2027 figure ranks as the highest quarterly Gross Margin in data going back to fiscal Q2 2012.
- Year over year, Gross Margin has now increased in each of the last six quarters, with an average year-over-year change of +2.91 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was fiscal Q2 2027 (a gain of 15.21 percentage points); the low point was fiscal Q2 2025 (a drop of 2.12 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 37.23% (Q1 2027), 40.32% (Q4 2026) and 33.85% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.77 Bn | 2,346.47 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 312.24 Bn | 305.48 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 162.20 Bn | 139.75 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 109.75 Bn | 102.72 Bn | 8.58 Bn | 33.04% |
| 5 | Ross Stores | 75.33 Bn | 58.26 Bn | 2.12 Bn | 33.83% |
| 6 | O Reilly Automotive | 73.38 Bn | 72.47 Bn | 2.52 Bn | 51.45% |
| 7 | Target | 69.96 Bn | 64.55 Bn | 8.94 Bn | 33.67% |
| 8 | Autozone | 51.69 Bn | 50.59 Bn | 2.52 Bn | 52.15% |
| 9 | Carvana | 43.50 Bn | 33.99 Bn | 1.38 Bn | 18.76% |
| 10 | Five Below | 12.34 Bn | 8.58 Bn | 612.42 Mn | 48.55% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 48.55% |
| May 2, 2026 | 37.23% |
| Jan 31, 2026 | 40.32% |
| Nov 1, 2025 | 33.85% |
| Aug 2, 2025 | 33.34% |
| May 3, 2025 | 33.37% |
| Feb 1, 2025 | 40.21% |
| Nov 2, 2024 | 30.58% |
| Aug 3, 2024 | 32.74% |
| May 4, 2024 | 32.46% |
| Feb 3, 2024 | 41.23% |
| Oct 28, 2023 | 30.26% |
| Jul 29, 2023 | 34.86% |
| Apr 29, 2023 | 32.33% |
| Jan 28, 2023 | 40.29% |
| Oct 29, 2022 | 32.22% |
| Jul 30, 2022 | 34.16% |
| Apr 30, 2022 | 32.33% |
| Jan 29, 2022 | 39.84% |
| Oct 30, 2021 | 33.30% |
Five Below Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FIVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FIVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FIVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();